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F&Iby StaffMay 14, 2013

N.J. Dealer Sues Chrysler

Lucas Chrysler Jeep Dodge Ram has filed a lawsuit against the automaker for terminating its franchise agreement after the dealer failed to make expensive renovations to its facilities.

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F&Iby StaffMay 14, 2013

Clay Nissan Settles $1.5M Defamation Suit

The legal battle between Clay Nissan and the brothers of a former cancer-stricken employee is over, ending the family’s 10-month campaign against the dealership for terminating their sister.

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F&Iby StaffMay 14, 2013

Delinquencies, Repossessions Up in 2013, Experian Automotive Reports

In the first quarter of 2013, 30-day auto loan delinquencies rose 1.3 percent, 60-day delinquencies increased 12.4 percent and repossessions rose 16.9 percent when compared with the previous year.

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F&Iby StaffMay 14, 2013

Dealers See Boom in Certified Pre-Owned Market

Certified pre-owned sales are up 6.2 percent in the first three month of 2013 vs. the same period last year, Edmunds.com reports.

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F&Iby StaffMay 14, 2013

Credit Health on Approved Leases Strongest Since Recession

More than 77 percent of car lease customers were approved during April, up from 70 percent during the previous month, according to Swapalease.com.

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Digitalby StaffMay 14, 2013

FordDirect Adds Trade-In Appraisal Tool, Credit Estimator to Dealer Websites

The tools are generating 500 additional leads daily and 40 percent of customers who use the tools purchase a vehicle within 30 days, according to the company.

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F&Iby StaffMay 14, 2013

N.J. Dealer Sues Kia Motors

New Jersey’s Mahwah Kia filed a lawsuit against Kia Motors America. The manufacturer allegedly terminated the store’s franchise agreement for poor performance, but the dealer claims KMA did not make enough inventory available.

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Digitalby StaffMay 14, 2013

Auto/Mate Integrates DMS With Xtime ServiceCRM

The company’s AMPS Dealership Management System is now fully integrated with Xtime ServiceCRM, a cloud-based CRM and scheduling platform.

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Auto Financeby StaffMay 14, 2013

Global Lending Services Gets New CEO

The subprime auto finance source appoints a former Capital One Auto Finance exec as its new CEO. His appointment takes effect tomorrow.

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F&Iby StaffMay 9, 2013

NADA Extends Deadline for Dealership Workforce Study

Dealers interested in participating now have until June 30 to provide feedback for the annual study. Association officials said the deadline was extended in response to dealer requests.

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